Current Affairs Donald Trump POS: Judgement cometh and that right soon

[Ruairi77]

at 41, I'm not sure I'm considered a young man anymore, phew, close one!

 

[dholliday]

I've tried to put in some more signposts so you can see what I'm talking about. Under Trump's bill, when taking into account the effects of the bill in toto, low earners are worse off:

View attachment 50095

To be clear, this is NOT a partisan analysis, you can go here to see for yourself:

https://www.cbo.gov/system/files/11...estimate/reconciliationrecommendationssfc.pdf

The above link is to a report by the Congressional Budget Office (CBO) that studied Trump's tax bill. Scroll down to page 10 and look at the chart; it shows that low earners for each yearly column are paying more into the Federal revenues (meaning they're being taxed more, when taking into account what the government spends on them) than wealthy people (more simply: negative numbers mean being taxed less, positive numbers mean being taxed more). This occurs (mostly) because the tax cuts are packaged along with the repeal of the individual healthcare mandate, so people opting not to buy health insurance would no longer receive tax credits to do so; thus Trump's tax bill+ repeal of individual health care mandate is analyzed for its overall effects on different income brackets. All bipartisan reports (by the CBO and the Joint Committee on Taxation, JCT) point to overall negative effect for low earners, even if it is the case that low earners might pay less in taxes over the next few years. Some Republicans had cried foul as to why the effects of tax cuts and health care repeal were analyzed together, but in fact, this is a House Concurrent Resolution (meaning it was approved by both House and Senate) that was Republican sponsored, of which the relevant portion is below:

"...the Joint Committee on Taxation to the Congressional Budget Office...for major legislation considered in the Senate shall, to the greatest extent practicable, incorporate the budgetary effects of changes in economic output, employment, capital stock, and other macroeconomic variables resulting from such major legislation."

So when you wrote, "It's a fact there are benefits for low earners" this is neither true nor tribalism, only simple facts that are backed up by bipartisan reports by the JCT and CBO.

I appreciate you wanting detailed discussion, mate. But am gonna swerve this thread now as when it gets to the point where some of you tag in mods to call me a defender of racists I think it's time to leave you all to it.

 

[DanEFC92]

 

[Tubey]

That's a joke right?

I'm afraid to Google it in case it isn't...

 

[DanEFC92]

That's a joke right?

I'm afraid to Google it in case it isn't...

Real article: https://apnews.com/6a573b6b020e453c...AP&utm_source=Twitter&utm_campaign=SocialFlow

 

[TheBigIguana]

at 41, I'm not sure I'm considered a young man anymore, phew, close one!

I wonder if a certain group of young men in America have known that feeling for a long time. I feel like a specific segment have had that problem before the Kavanaugh thing. Hmm...

 

[LinekersLegs]

I hope they catch whoever sent these fast before someone is hurt

 

[LinekersLegs]

In any other admin this would bring scandal, calls for a full examination of tax records and weeks worth of Congressional hearings.

 

[verreauxi]

Real article: https://apnews.com/6a573b6b020e453c...AP&utm_source=Twitter&utm_campaign=SocialFlow

Edward Calabrese is the wing-nut behind this. He has basically taken homeopathy and applied it to radiation (that what normally kills you in large amounts is curative in small amounts...FFS). He is also a member of the Cato Institute, which is all you need to know: more libertarian-objectivist nonsense, in which the only moral philosophy worth pursuing, according to them, is one of deregulated capitalistic growth for profit, even if it is at the expense of more humans getting cancer.

And there is this regarding Calabrese (I suspect this article will get a lot more publicity now):
https://www3.nd.edu/~kshrader/pubs/ksf-2010-calabrese-synthese.pdf

 

[LinekersLegs]

 

[sheedy3]

United Shambles of America

 

[DanEFC92]

 

[ilikecheese]

Repugnant scumbag.

 

[ilikecheese]

Man I hope he beats Cruz. His message is so good.

 

[LinekersLegs]

Repugnant scumbag.

It could just be Trump being Trump. But I wouldn’t entirely discount between the tax story and the below that Trump decided now was a good time to release such an attack on Dr Ford.